NOT LISTED FOR SALE
8 Beds
5 Baths
3,616 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: September 3, 2025

Last sale price $730,000 $202 Per Sq Ft

110 Days on Market

Highlights

  • Community Garden
  • Baseboard Heating
  • Coin Laundry
  • Patio

About This Home

As of September 2025

Welcome to 3443 Colfax Ave S, MPLS! A well-maintained, fully leased 4-plex offering strong cash flow in one of Minneapolis' most desirable neighborhoods. Annual income is $73,308 (monthly income is $6,109).

Perfect for an investor or an owner-occupant— a 2-BR unit is month-month. A true plug-and-play asset in the heart of Uptown.

Tucked on a quiet street just steps from King’s Highway and the Lyndale Rose Garden, the location offers the perfect blend of urban convenience and neighborhood charm.

The building includes:
One 3-bedroom, 2-bath unit
Two 2-bedroom, 1-bath units
One 1-bedroom, 1-bath unit

Plus a 2-car detached garage (rented for $225/month)

All units feature updated appliances, flooring, fixtures, and fresh paint, with regular annual refreshes to maintain appeal and rental demand. Coin-operated laundry in the lower level provides added income. Come check out this fantastic opportunity!

Last Agent to Sell the Property

Matt Boys

Fox Realty Listed on: 04/11/2025

Last Buyer's Agent

Malee Vang

Engel & Volkers Minneapolis Downtown

Engel & Volkers Minneapolis Downtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,952

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 42x129
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,616 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Basement Storage

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities

Listing and Financial Details

  • Tenant pays for cable TV, electricity, parking fee
  • The owner pays for trash collection
  • Assessor Parcel Number 0402824410063

Community Details

Overview

  • 4 Units
  • Remingtons 2Nd Add Subdivision

Amenities

  • Community Garden
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,952

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Common Garden, Patio
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 3616
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Shared Access, Storage/Locker, Storage Space, Unfinished
  • Living Area: 3616
  • Owner Pays: Trash Collection
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Number Of Fireplaces: 0
  • Number Of Fireplaces: 0
  • Total Rooms: 4
  • Total Rooms: 3

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: None
  • Neighborhood: South Uptown
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 42x129
  • Land Lease: No
  • Lot Features: Some Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 4

Rental Info

  • Expenses: 4380.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0402824410063
  • Tax Annual Amount: 8952
  • TaxWithAssessments: 8952.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Other, Parking Fee
  • ElectricExpense: 216
  • FuelExpense: 1632
  • Number Of Refrigerators: Four

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Sep 3, 2025
Sold by
Bought by
Seller's Agent
Matt Boys
Fox Realty
Buyer's Agent
Malee Vang
Engel & Volkers Minneapolis Downtown
List Price
$725,000
Sold Price
$730,000
Premium/Discount to List
$5,000
0.69%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
0.0674%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 1, 2023
Sold by
Bought by
Seller's Agent
Reid Lenz
Verde Real Estate Group
Buyer's Agent
Matt Boys
Fox Realty
List Price
$699,900
Sold Price
$709,200
Premium/Discount to List
$9,300
1.33%
Views
150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$531,900
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 25, 2023
Sold by
Bought by
Seller's Agent
Reid Lenz
Verde Real Estate Group
Buyer's Agent
Matt Boys
Fox Realty
List Price
$699,900
Sold Price
$709,200
Premium/Discount to List
$9,300
1.33%
Views
150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,900
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,500
Interest Rate
0.0345%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
0.0522%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$730,000 Gibraltar Title
$709,200 --
$709,200 All American Title Company
$500 None Listed On Document
$300,000 --
$514,200 --
$280,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $547,500
Previous Owner $531,900
Previous Owner $330,500
Previous Owner $290,500
Previous Owner $205,600
Previous Owner $115,369
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2025 09/03/25 Sold $730,000 +1.4% $202 / Sq Ft
07/30/2025 07/30/25 Pending -- -- --
06/13/2025 06/13/25 Price Changed $720,000 -0.7% $199 / Sq Ft
04/11/2025 04/11/25 For Sale $725,000 +2.2% $200 / Sq Ft
08/01/2023 08/01/23 Sold $709,200 +1.3% $196 / Sq Ft View Prior Sale
07/14/2023 07/14/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $699,900 -- $194 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,862 $627,000 $135,400 $491,600
2024 $11,997 $660,000 $135,400 $524,600
2023 $8,952 $606,000 $135,400 $470,600
2022 $10,323 $155,500 $33,900 $121,600
2021 $9,890 $163,600 $33,800 $129,800
2020 $10,172 $654,500 $135,400 $519,100
2019 $9,939 $187,100 $40,600 $146,500
2018 $9,066 $178,200 $30,700 $147,500
2017 $8,966 $523,000 $93,000 $430,000
2016 $8,358 $475,500 $93,000 $382,500
2015 $7,366 $404,000 $93,000 $311,000
2014 -- $386,500 $85,300 $301,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6701512

NorthstarMLS
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